Press Digest: British Business - September 17

KKR & Co

17/09/2026 05:16

Sept 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. 
     
The Times
Mike Ashley’s Frasers Group FRAS.L said its chief executive officer, Michael Murray, has been appointed as the chairman of the supervisory board at Hugo Boss BOSSn.DE. 

Revolut co-founder Nik Storonsky has denied owing money to yacht brokerage Cecil Wright & Partners  after buying a €350 million ($401.13 million) superyacht this year.
     
The Guardian
Japanese automaker Nissan 7201.T said it will invest £170 million ($227.26 million) to build a new SUV at its Sunderland factory, contingent on the UK government weakening its electric vehicle sales mandate.
Amazon's Ring AMZN.O is launching its Neighbours community app in the UK as it seeks to replace neighbourhood groups on WhatsApp or Facebook META.O.
     
The Telegraph
Britain's finance minister, John Healey, has appointed Paul Nowak, general secretary of the Trades Union Congress, to the Bank of England's [RIC:RIC:BKENG.UL] board for the next four years. 

Ladbrokes owner Entain ENT.L is planning to cut about 400 customer-service roles as British Prime Minister Andy Burnham considers launching a tax raid on slot machines, targeting betting shops and arcades for adults.
     
Sky News
U.S. private equity firm KKR KKR.N is preparing to launch a sale process for the Flora Food Group in the coming weeks.

Hoxton Ventures and The Venture Collective are co-leading a $4 million seed funding round for King's College London spinout Eterna Regeneratives.
The Independent
British supercar maker McLaren is planning to invest £500 million in its UK manufacturing and engineering operations and create 1,000 new jobs. 
     
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 (Compiled by Bengaluru newsroom)
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